This paper on Republic of Croatia focuses on representative rate for the Euro. The Council of the European Union … decided on July 12, 2022 that the Republic of Croatia had fulfilled the necessary conditions for adoption of the euro with … effect from January 1, 2023, and that the conversion rate should be set at 7.53450 Croatian kuna per one euro. The Croatian …

This Selected Issues paper assesses the youth unemployment problem in advanced European economies, especially the euro … area. Youth unemployment rates increased sharply in the euro area after the crisis. Much of these increases can be …

EXECUTIVE SUMMARYEuroclear Bank is a securities settlement system that contributes to the safety and efficiency of … largest securities settlement systems worldwide with a daily average settlement value of around 1.1 trillion euro, providing … settlement services for securities from 44 markets in 53 currencies. In particular, Euroclear Bank services the largest, global …

This Selected Issues paper highlights quantitative tightening (QT) by the European Central Bank (ECB). It uses evidence … from the literature on the impact of central bank bond purchases and sales on bond yields, and the monetary policy stance …, to outline a roadmap for reducing the Euro system's bond holdings. The current tightening cycle provides an opportunity …

The 2023 Article IV Consultation discusses that the euro area economy has shown remarkable resilience in the aftermath …

German bank profitability is low by international standards. Although German banks rank more favorably in risk … the least profitable in Europe. Several factors affect bank profitability, including a complex tiered industry structure …

economies, dominated by banks. The total assets of the system amount to 126 percent of GDP. However, bank credit is just over 50 … adults having formal accounts. Non-bank financial institutions and capital markets-especially bond markets-are substantially …

This paper presents a technical note on bank stress testing and climate risks analysis in Maldives. Although the … possible unraveling of the sovereign-bank nexus. Banks' nonperforming loans (NPL) ratios are projected to increase slightly in …